Financials Speed Tech Corp.

Equities

5457

TW0005457006

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 23:00:00 02/07/2024 BST 5-day change 1st Jan Change
58.2 TWD +1.04% Intraday chart for Speed Tech Corp. +2.46% -0.17%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 15,014 15,869 13,955 8,230 9,971 10,028 -
Enterprise Value (EV) 1 15,014 16,736 15,343 11,931 12,150 11,340 10,514
P/E ratio 41.7 x 22.9 x 17.1 x 10.5 x 56.1 x 16.4 x 13.5 x
Yield - 2.24% 3.03% 3.73% 0.6% 2.98% 3.62%
Capitalization / Revenue - 1.07 x 0.75 x 0.43 x 0.6 x 0.5 x 0.43 x
EV / Revenue - 1.13 x 0.83 x 0.62 x 0.73 x 0.57 x 0.46 x
EV / EBITDA - 7.5 x 5.77 x 4.58 x 6.13 x 4.95 x 4.11 x
EV / FCF - 16.4 x -45.4 x -4.51 x - 10 x 6.88 x
FCF Yield - 6.08% -2.2% -22.2% - 9.96% 14.5%
Price to Book - 3.01 x 1.73 x 1.95 x 2.45 x 0.98 x 0.96 x
Nbr of stocks (in thousands) 169,645 169,355 169,356 170,398 171,024 172,304 -
Reference price 2 88.50 93.70 82.40 48.30 58.30 58.20 58.20
Announcement Date 22/03/20 30/03/21 29/03/22 31/03/23 26/03/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 - 14,807 18,557 19,259 16,741 19,980 23,086
EBITDA 1 - 2,230 2,661 2,606 1,982 2,292 2,558
EBIT 1 - 1,770 2,024 1,667 1,019 1,215 1,349
Operating Margin - 11.96% 10.91% 8.66% 6.09% 6.08% 5.84%
Earnings before Tax (EBT) 1 - 1,770 - 2,015 1,182 1,422 1,554
Net income 1 366.8 704 861.6 781.1 177.2 608.4 737.8
Net margin - 4.75% 4.64% 4.06% 1.06% 3.04% 3.2%
EPS 2 2.120 4.100 4.810 4.600 1.040 3.555 4.311
Free Cash Flow 1 - 1,018 -338 -2,647 - 1,130 1,529
FCF margin - 6.88% -1.82% -13.74% - 5.66% 6.62%
FCF Conversion (EBITDA) - 45.66% - - - 49.3% 59.77%
FCF Conversion (Net income) - 144.63% - - - 185.74% 207.25%
Dividend per Share 2 - 2.100 2.500 1.800 0.3500 1.737 2.106
Announcement Date 22/03/20 30/03/21 29/03/22 31/03/23 26/03/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales - 4,630 - - - - 4,774 - - - - - - -
EBITDA - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - -
Net income - - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - -
EPS 1 1.240 1.130 1.920 0.4800 -0.4000 0.0100 1.300 0.1300 0.2400 0.7272 0.9330 1.131 0.9900 1.060
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 29/03/22 12/08/22 14/11/22 31/03/23 11/05/23 11/08/23 10/11/23 26/03/24 15/05/24 - - - - -
1TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - 867 1,388 3,701 2,179 1,312 486
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 0.3889 x 0.5216 x 1.42 x 1.099 x 0.5723 x 0.1901 x
Free Cash Flow 1 - 1,018 -338 -2,647 - 1,130 1,529
ROE (net income / shareholders' equity) - 15.7% 12.9% 19.6% 4.3% 6.1% 7.15%
ROA (Net income/ Total Assets) - 5.71% 5.1% 3.76% 0.8% 2.48% 3.03%
Assets 1 - 12,326 16,879 20,776 22,148 24,562 24,381
Book Value Per Share 2 - 31.10 47.50 24.80 23.80 59.50 60.50
Cash Flow per Share - - - - - - -
Capex 1 - 1,326 1,378 1,481 - 1,192 1,020
Capex / Sales - 8.95% 7.43% 7.69% - 5.97% 4.42%
Announcement Date 22/03/20 30/03/21 29/03/22 31/03/23 26/03/24 - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
58.2 TWD
Average target price
78 TWD
Spread / Average Target
+34.02%
Consensus
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